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SHAREHOLDER ALERT: VIRT S TIO: The Law Offices of Vincent Wong Reminds Investors of Important Class

NEW YORK, NY / ACCESSWIRE / June 12, 2023 / The Law Offices of Vincent Wong announce that class actions have commenced on behalf of certain shareholders in the following companies. If you suffered a loss you have until the lead plaintiff deadline to request that the court appoint you as lead plaintiff. There will be no obligation or cost to you.

Virtu Financial, Inc. (NASDAQ:VIRT)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/virtu-class-action-submission-form?prid=40677&wire=1
Lead Plaintiff Deadline: July 18, 2023
Class Period: March 1, 2019 - April 28, 2023

Allegations against VIRT include that: (i) the Company maintained deficient policies and procedures with respect to its information access barriers; (ii) accordingly, Virtu had overstated the Company's operational and technological efficacy as well as its capacity to block the exchange of confidential information between departments or individuals within the Company; (iii) the foregoing deficiencies increased the likelihood that the Company would be subject to enhanced regulatory scrutiny; and (iv) as a result, defendants' public statements were materially false and/or misleading at all relevant times.

SentinelOne, Inc. (NYSE:S)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/sentinelone-class-action-submission-form?prid=40677&wire=1
Lead Plaintiff Deadline: August 7, 2023
Class Period: June 1, 2022 - June 1, 2023

Allegations against S include that: (1) the Company lacked effective internal controls over accounting and financial reporting; (2) as a result, the Company's Annualized Recurring Revenue ("ARR") was overstated; (3) as a result, the Company's guidance was overstated; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

Tingo Group, Inc. (NASDAQ:TIO)

If you suffered a loss, contact us at: https://www.wongesq.com/pslra-1/tingo-class-action-submission-form?prid=40677&wire=1
Lead Plaintiff Deadline: August 7, 2023
Class Period: March 31, 2023 - June 6, 2023

Allegations against TIO include that: (1) Defendant Mmobuosi fabricated biographical claims about himself; (2) Tingo had photoshopped its logo onto pictures of airplanes it did not own; (3) Tingo inflated its food division margins; (4) Tingo published misleading images of its planned Nigerian food processing facility and overstated its progress on the facility's construction; (5) Tingo inflated its food inventory; (6) Tingo did not have relationships with the two farming cooperatives it claimed; (7) Tingo did not generate $128 million in revenue for its handset leasing, call and data segments as it claimed; (8) Tingo's Mobile operation in Nigeria was delinquent on its tax obligations; (9) Tingo photoshopped its logo over pictures from a different point of sale system operator's website; (10) Tingo did not generate $125.3 million in revenue from its online marketplace called NWASSA; (11) Tingo's agricultural export business was not on track to deliver $1.34 billion in exports by Q3 2023; (12) Tingo lacked effective controls over accounting and financial reporting; and (13) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.

The Law Offices of Vincent Wong, Monday, June 12, 2023, Press release picture

To learn more contact Vincent Wong, Esq. either via email vw@wongesq.com or by telephone at 212.425.1140.

Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.

CONTACT:

Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
Fax. 866.699.3880
E-Mail: vw@wongesq.com

SOURCE: The Law Offices of Vincent Wong

View source version on accesswire.com:
https://www.accesswire.com/760633/SHAREHOLDER-ALERT-VIRT-S-TIO-The-Law-Offices-of-Vincent-Wong-Reminds-Investors-of-Important-Class-Action-Deadlines

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Martina Birk

Update: 2024-08-09